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Oil prices help fill state coffers

...state already has about $12 billion in cash reserves not including the state's permanent fund, an endowment of saved oil income that is worth about $30 billion. Parnell said he will push legislators to save $2.5 billion of the surpluses, which...

http://www.peninsulaclarion.com/stories/041111/new_813620841.shtml
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Lawmakers, Knowles reach agreement on tax plan

...several revenue-raising proposals aimed at closing a chronic budget shortfall and breaking the state's dependence on oil income for state government. Earlier, the House rejected an income tax proposal supported by Democrats and some moderate Republicans...

http://www.peninsulaclarion.com/stories/043002/ala_043002ala0090001.shtml
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